436 W Imperial Avenue

El Segundo, CA 90245

Sold Price: $5,000,000

Status: Closed

  • 16Units
  • 10,672SQ. Feet
  • 15,772Lot Sq. Ft.

CALL FOR OFFERS - DUE MARCH 28th. This sixteen-unit value-add property offers an investor the unique opportunity to own in one of the most attractive rental markets within the South Bay. 436-440 W. Imperial Avenue is a 2-story, 16-unit property, consisting of four-4 unit buildings on the same parcel. All units are 2 bedroom/1 bath. Parking consists of a combination of carports and open space parking for a total of 16 spaces. Utilities are separately metered for gas and electric and water/sewer is master metered. The property has been under long-term ownership and rents are approximately 35% under market. The property offers an unparalleled location within the city. Within walking distance to the beach and the hip downtown Main Street with its’ crowd drawing restaurants, trendy tavern’s and boutiques or take a short drive over to The Point on Pacific Coast Highway, to enjoy an array of vibrant shopping and dining options. El Segundo alsobenefits from its close-proximity to the Westside and Silicon Beach. Just a few miles north of El Segundo numerous tech companies have established themselves including; Google, Yahoo!, YouTube, BuzzFeed, Facebook, Salesforce, AOL, Electronic Arts, Sony, & MySpace. In summary, what draws residents and businesses to El Segundo, its coastal location, strong and diversified employment base, and ease and variety of transportation options, also draws astute investors looking for a location that will preserve and grow their investments.

Key Info

  • TypeResidential Income
  • StatusClosed
  • Year Built1954
  • Days on Market27
  • Sale Price$5,000,000
  • Price/Sqft$469
  • List Price$5,500,000
  • Date ListedMarch 20th, 2019
  • Date SoldJune 11th, 2019
  • MLS® #SB19062265

Interior

  • Square Footage10,672
  • Units16
  • Bathrooms0.00
  • Parking Spaces16

Listing Details

  • Listing AgentMichael Mckinney(00634672)
  • Listing OfficeCBRE Inc.

Community Information

  • AreaEl Segundo (141)
  • CityEl Segundo, CA
  • Zip Code90245
  • CountyLos Angeles

Exterior

  • Lot Sq. Ft.15,772

Price Change History for 436 W Imperial Avenue, El Segundo, CA (MLS® #SB19062265)

Date Details Change
Status Changed from Pending to Closed
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract
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Based on information from California Regional Multiple Listing Service, Inc. as of June 27th, 2019 at 1:27am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.